Low volume — wider spreads, slippage possible
Price strongly directional — lower volatility expected
Exchange-standard resolution criteria
Standard manipulation risk for this market depth
Resolves in ~376d — long horizon, capital lock-up risk
If SpaceX confirms an IPO before May 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediate...